From Nasdaq: 2025-02-07 05:29:00

Eight American technology companies have reached valuations of $1 trillion or more, with Apple leading at $3.5 trillion. Alphabet, worth $2.3 trillion, is on track to join the $3 trillion club due to strong growth in AI transformation, like AI chatbots and AI Overviews in Google Search.

Alphabet’s potential path to the $3 trillion club involves increasing its P/E ratio or growing EPS. The company’s low P/E ratio of 23.7 could lead to a 67% stock price increase if it aligns with the average of other $3 trillion companies. With projected EPS growth, Alphabet could hit $3 trillion by 2027.



Read more at Nasdaq: 1 Magnificent Stock That Could Join Nvidia, Microsoft, and Apple in the $3 Trillion Club